Thailand named best place for retirement

Sunday, December 18, 2011

Thailand named best place for retirement

Thailand has been listed as the best place for retirement by the 2011 HSBC Expat Explorer survey.

82% of those surveyed said that it was a great place for retirement compared with 78% of those who had relocated to France and 62% of those who had made the move to Spain.

Thailand rated highly with expats for the ease with which they were able to integrate into the community, establish a local support network and maintain a positive life/work balance.

And buying a property in Thailand could also be a positive move for your career with 78% of those who had relocated to the country reporting an increase in salary,compared to a global average of 71%.

The poll discovered that quality of life is the most important consideration for those retiring abroad, with 83% citing this as the main reason when deciding on location. 62% of expats surveyed listed the weather as their main reason for moving, while 27% were relocating because of friends and family who had already made the leap.

The survey also found that almost half, 47%, of expats aged over 55 are planning to retire in the country that they currently live in and only one fifth, 19%, plan to return to their home country.

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Author

A Place In The Sun